Living Wage Calculation for Hot Springs, AR

The living wage shown is the hourly rate that an individual must earn to support their family, if they are the sole provider and are working full-time (2080 hours per year). All values are per adult in a family unless otherwise noted. The state minimum wage is the same for all individuals, regardless of how many dependents they may have. The poverty rate is typically quoted as gross annual income. We have converted it to an hourly wage for the sake of comparison.

For further detail, please reference the technical documentation here.

Hourly Wages 1 Adult 1 Adult 1 Child 1 Adult 2 Children 1 Adult 3 Children 2 Adults (1 Working) 2 Adults (1 Working) 1 Child 2 Adults (1 Working) 2 Children 2 Adults (1 Working) 3 Children 2 Adults (1 Working Part Time) 1 Child* 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Living Wage $10.36 $21.83 $25.17 $31.39 $17.34 $20.72 $23.72 $25.74 $15.40 $8.50 $11.78 $14.14 $16.02
Poverty Wage $5.00 $7.00 $9.00 $11.00 $7.00 $9.00 $11.00 $13.00 $3.00 $4.00 $5.00 $6.00
Minimum Wage $8.50 $8.50 $8.50 $8.50 $8.50 $8.50 $8.50 $8.50 $8.50 $8.50 $8.50 $8.50

*Documentation for families with an adult working part-time is available separately, here.

Typical Expenses

These figures show the individual expenses that went into the living wage estimate. Their values vary by family size, composition, and the current location.

Annual Expenses 1 Adult 1 Adult 1 Child 1 Adult 2 Children 1 Adult 3 Children 2 Adults (1 Working) 2 Adults (1 Working) 1 Child 2 Adults (1 Working) 2 Children 2 Adults (1 Working) 3 Children 2 Adults (1 Working Part Time) 1 Child* 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Food $2,986 $4,394 $6,613 $8,777 $5,474 $6,807 $8,786 $10,702 $5,474 $6,807 $8,786 $10,702
Child Care $0 $4,934 $7,919 $10,904 $0 $0 $0 $0 $0 $4,934 $7,919 $10,904
Medical $2,242 $6,918 $6,637 $6,694 $5,199 $6,637 $6,694 $6,364 $5,199 $6,637 $6,694 $6,364
Housing $6,312 $9,180 $9,180 $11,556 $6,912 $9,180 $9,180 $11,556 $6,312 $9,180 $9,180 $11,556
Transportation $4,236 $8,754 $9,189 $11,032 $8,754 $9,189 $11,032 $10,989 $8,754 $9,189 $11,032 $10,989
Other $2,656 $4,294 $4,736 $6,059 $4,294 $4,736 $6,059 $5,620 $4,294 $4,736 $6,059 $5,620
Required annual income after taxes $18,431 $38,474 $44,275 $55,022 $30,633 $36,549 $41,751 $45,231 $30,033 $41,483 $49,670 $56,135
Annual taxes $3,123 $6,928 $8,089 $10,280 $5,429 $6,539 $7,580 $8,313 $5,345 $7,529 $9,169 $10,501
Required annual income before taxes $21,555 $45,402 $52,364 $65,301 $36,062 $43,088 $49,331 $53,544 $48,045 $35,378 $49,012 $58,839 $66,636

Typical Annual Salaries

These are the typical annual salaries for various professions in this location.

Occupational Area Typical Annual Salary
Management $61,275
Business & Financial Operations $52,788
Computer & Mathematical $47,622
Architecture & Engineering $66,820
Life, Physical, & Social Science $57,554
Community & Social Service $28,905
Legal $37,003
Education, Training, & Library $49,292
Arts, Design, Entertainment, Sports, & Media $26,968
Healthcare Practitioners & Technical $51,137
Healthcare Support $22,950
Protective Service $29,848
Food Preparation & Serving Related $19,229
Building & Grounds Cleaning & Maintenance $20,387
Personal Care & Service $19,496
Sales & Related $22,068
Office & Administrative Support $28,300
Farming, Fishing, & Forestry $23,667
Construction & Extraction $32,534
Installation, Maintenance, & Repair $34,389
Production $27,778
Transportation & Material Moving $23,965